Moody's says US downgrade still possible

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FXstreet.com (Córdoba) - Moody's Investors Services said Wednesday that a US downgrade is possible if the country's long-term debt problems aren't addressed.

However, the rating agency said it will hold off on its judgment of whether to cut its sovereign credit rating for the United States until after the 2013 budget process is completed. Moody's currently rates the US at triple-A, but with a negative outlook.



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This article appears in: Investing , Forex and Currencies

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